Navision begins India operations

Our eFE Bureau

New Delhi, Nov 4: Navision, a Denmark-based enterprise software company, has launched its operations in India and is building a channel-partner network of around 100 local companies to promote and sell its Enterprise Resource Planning (ERP), Customer Relationship Management (CRM) and Supply Chain Management (SCM) solutions.

Speaking to The Financial Express, Navision India managing director Yash Nagpal said that the company would target small and medium sector companies having turnover between $5 million to $250 million. Navision would also sell its products in independent modules to penetrate the market, he added.

“I see a lot of potential for our accounting module, which can provide much more than an average software package being used by most of the small and medium companies. Moreover, if they use Navision accounting module, they can scale it up to a complete ERP by adding other modules as and when they need them,” said Mr Nagpal.

Mr Nagpal claimed that the company had already sold around 40 licences of its products in the last couple of months and planned to achieve a revenue target of $10 million by December 2002. “The company has set up a Navision Academy at Gurgaon to train the employees of its channel partners for implementation of its software products,” said Mr Nagpal.

Navision was created by the merger of Navision Software and Damgaard, the two companies originally founded in Denmark in early 1980s and merged in December 2000. The company is headquartered in Vedbaek, Denmark.

Navision provides enterprise business solutions in all areas of business functions, including financial management, customer relationship management, manufacturing, distribution and HR.